Lowes Success!!

I just had a 30 point bump after getting util down to 5% and getting some lates removed. So I decided to apply for Lowes credit card today. Got instant approval online for 500. Called and got them up to 2000!!! Awesome!! Thanks to all the help here on MyFico

Re: Lowes Success!!

Not that I'm doubting you but I was under the impression Lowes required a pretty high score for approvals. My Fico was similar to yours a few weeks ago until a new collection caused it to take a dive.

If you don't mind will you tell me what types of accounts are on your CR and what's the AAoA. Just trying to see if I should bother apping when I get my scores back up again as I really want a Lowes card since its one I would use quite often.

Re: Lowes Success!!

From What I Read I Thought Lowes Was Easier To Get Because They Are Ge. I Don't Have Any Collections. I Have A 10 Year Old Current Mortgage, A 2 Year Old Credit Card A Personal Loan And An Auto Loan. Also Had 5Perc Util

Re: Lowes Success!!

I was under the impression that Lowes wanted a score of at least 680 to 720 even for consideration. I'm going to garden my three new accounts for at least six months and work on getting three old collections and one new one PFD'ed off my CR and then app now that I know that I have a reasonable chance at getting approved with a lower score. Of course after doing what I just mentioned my scores might very well be in the 680 to 720 range by then anyhow. LOL

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